DOW THEORY & ELLIOTT WAVE
Dow Jones Industrials vs DJ Transportation Average In recent media commentaries, analysts have been warning of an Armageddon collapse in stock markets because CAPE and P/E ratios are so historically high. What they seem to forget is that highs can go even higher! There doesn’t seem to be the same public euphoria that accompanied primary […]Continue reading «DOW THEORY & ELLIOTT WAVE»
XETRA DAX SETS THE TREND!
Sentiment is Bearish U.S. stock markets were reeling last week as the Trump administration was engaged in reputational ‘damage-limitation’ over the President’s Charlottesville comments that drew a moral equivalence between neo-Nazis and anti-fascists. The fallout that followed resulted in the resignation of Trump’s ‘America First’ architect Steve Bannon as White House chief strategist. Losing an […]Continue reading «XETRA DAX SETS THE TREND!»
USD Dollar Index | EUR/USD – Fib-Price-Ratio Tutorial
USD Dollar Index | EUR/USD It is almost two weeks ago that we published an Elliott Wave example of how to measure the termination of a 5th wave extension. In this case a 5th wave within an ‘expanding-impulse’ pattern – read USD Index article here. Our chosen subject was the USD dollar index (DXY) and […]Continue reading «USD Dollar Index | EUR/USD – Fib-Price-Ratio Tutorial»
REELIN’ IN THE YEARS! – A Look-Back to the Secular-Bull Uptrend of the 1990’s & New Updates!
S&P 100 Index & Dow Jones 30 Index – Secular-Bull Uptrend Intact! – by Peter Goodburn Mainstream Elliott Wave believe a financial collapse is imminent. However, WaveTrack’s analysis comes to a different conclusion. Let’s consider the arguments why a Secular-Bull Uptrend is still intact?! ‘Your everlasting summer You can see it fading fast So you […]Continue reading «REELIN’ IN THE YEARS! – A Look-Back to the Secular-Bull Uptrend of the 1990’s & New Updates!»
US-Dollar Index and the Power of Fibonacci Ratio’s
US-Dollar Index The latest decline in the US-Dollar Index (DXY) has pulled levels down to next target levels at 92.55+/-. Hence, this target level ends its larger minor degree 3rd wave sequence within this year’s impulse downtrend. Momentum shows an oversold condition as last week’s IMM data highlights money managers piling out of dollar holdings. […]Continue reading «US-Dollar Index and the Power of Fibonacci Ratio’s»
FIBONACCI-PRICE-RATIO Tutorial
Fibonacci-Price Ratios – 5th Wave Extensions – How to Measure Termination! Eurostoxx 50 Index Whilst the Dow Jones Industrial Average (DJIA) trades to new highs, Europe’s equivalent bull run from last November’s low has temporarily been interrupted. The reason for this relative period of underperformance lies in the Elliott Wave pattern development. Our case study […]Continue reading «FIBONACCI-PRICE-RATIO Tutorial»
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